Patsalides expects inflation to align with ECB’s 2% target over time

Description

Christodoulos Patsalides of the European Central Bank’s Governing Council told reporters that the eurozone is coping effectively with today’s geopolitical challenges. In a Sunday interview with Politis, the Cypriot central bank chief commented, “The euro-zone economy appears resilient, despite difficulties internationally. Nevertheless, the environment remains uncertain, mainly due to trade tensions.” However, he argued that the trade deal the EU and US agreed to would help ease some of that unc...